A blog for the leaders of tomorrow

Learn the wealth vocabulary

Wealthy people have their own language. Just as we need to learn a new language to understand foreigners, we also need to learn the language of wealthy people to understand them and eventually become wealthy ourselves.

There are three types of languages related to the three basic asset categories. Corporate assets, securities and real estate. If we are interested in real estate for example, we should learn the vocabulary associated with it, so that we can easily communicate with professionals of the area.

Words are the most powerful tools we have at our disposal; therefore, we should choose our vocabulary with care. The difference in the quality of words is a key differential between the rich and the poor.

Remember that the training of one’s financial abilities begins from one’s financial vocabulary.